Net Income per Share (Tables)

6 Months Ended

Jan. 25, 2025

Earnings Per Share [Abstract]

Calculation of Basic and Diluted Net Income per Share

The following table presents the calculation of basic and diluted net income per share (in millions, except per-share amounts):

	Three Months Ended				Six Months Ended
	January 25, 2025		January 27, 2024		January 25, 2025		January 27, 2024
Net income	$	2,428	$	2,634	$	5,139	$	6,272
Weighted-average shares—basic	3,981		4,055		3,986		4,056
Effect of dilutive potential common shares	24		18		22		23
Weighted-average shares—diluted	4,005		4,073		4,008		4,079
Net income per share—basic	$	0.61	$	0.65	$	1.29	$	1.55
Net income per share—diluted	$	0.61	$	0.65	$	1.28	$	1.54
Antidilutive employee share-based awards, excluded	22		58		59		56